12/5/2023 0 Comments Does active trader pro cost moneyNon-trading fees include charges not directly related to trading, such as withdrawal fees or inactivity fees.įidelity is a US stockbroker that targets US clients.Trading fees are charged when you trade and may include commissions, spreads, financing rates and conversion fees.There are two basic types of broker fees: We ranked Fidelity's fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us. Fidelity currency conversion fee Amount you trade The currency conversion fee depends on the amount you trade. In addition, there is a currency conversion fee if you trade an international stock that is denominated in a currency other than your account's currency. In our review, we tested an electronic (ACH) withdrawal, which worked without any problem. Non-USD wire withdrawals however cost 3% of the amount you withdraw. There are no inactivity or account fees. There are also no withdrawal fees for ACH and USD wire withdrawals. Fidelity stock index options commission of 10 contracts Fidelity commission of a $10,000 government bond tradeįidelity options fees are low for trading stock index options. We calculated the fees for Treasury bonds traded on the secondary market. Fidelity commission for a $2,000 fund purchaseīond fees vary by bond type. That is why we halved Fidelity's fee, to make it comparable with other brokers that charge both for buying and selling. You are only charged a fee for purchasing a fund, not when selling. We used $49.95 in our calculations because most popular mutual funds are charged this amount. However, If you sell these funds within 60 days of purchase, a $49.95 fee is charged.įor all other funds, a purchase costs either $49.95 or $75, depending on the fund. Fidelity offers around 3,500+ free mutual funds. This is the case for transaction-fee and non-Fidelity funds. Fidelity annual margin ratesįidelity's margin rate is volume-tiered. There is a base margin rate, plus a premium or a discount depending on the borrowed amount. At the time of the review, the base rate was 12.075%, resulting in the following financing rates: Fidelity annual margin rate tiers Debit Balance However, you'll have to pay interest on this borrowed money – this is called the margin rate, and It can account for a significant portion of your overall trading costs.įidelity margin rates are high. Trading on margin basically means that you borrow money from your broker and can purchase more shares than you could with just the available cash in your account. If you plan to trade stocks on margin, you should check Fidelity's margin rates. The current version of the calculator only handles whole share transactions, it does not calculate with fractional share trades. Fidelity international stock and ETF commissions (per trade) MarketĪustria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain Fidelity stock and ETF commission of a $2,000 tradeįidelity charges flat per-trade commissions on most international markets, as detailed in the table below. There is also a small charge on sell orders, as they are subject to an activity assessment fee of $0.01-$0.03 per $1,000 of principal. Still, it is not common for US brokers to offer non-US stocks at all. This is the case when you trade US stocks. On the other hand, international stock trade fees are relatively high. See a more detailed comparison of Fidelity alternatives.įidelity offers stock and ETF trading, charging zero commission. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. We compared the fees at Fidelity with two similar brokers we selected, E*TRADE and TD Ameritrade. We also liked the transparency of the fee structure. $49.95 or $75 for buying while selling is free some 3,600 free mutual funds
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